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Consider the following limit order book for a stock. Bid Ask Price Size Price Size 49.75 500 50.25 100 49.50 800 51.50 300 49.00 500

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Consider the following limit order book for a stock. Bid Ask Price Size Price Size 49.75 500 50.25 100 49.50 800 51.50 300 49.00 500 54.75 300 If a market buy order for 100 shares comes in, at what price will it be fulfiled? 50.25 49.50 51.50 49.75

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